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    Property profile & analytics

    493 Main St Cheshire, CT 06410-2421

    • Industrial properties
    • 58,479 SF
    • 3.02 lot acres
    OFF-MARKET
    Value Estimation
    $780,000
    Location Intelligence
    Property ID
    US15-0658394
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sweet Claude's Ice Cream / Ice Cream Shop
    • Ball & Socket Arts / Art Center
    • Artsplace Performing & Fine Arts / City Government Office

    Property Details for 493 Main St

    Year built
    1850
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    3.02 lot acres
    Property size
    58,479 SF
    Zone code
    I-1
    Property type
    Industrial properties
    APN
    CHES M:49 B:2 L:
    APU
    CHESM49B2L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $820,000

    • CAP approach

      CAP return
      Estimation
      6%
      $865,000
      6.5%
      $835,000
      7%
      $845,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $705,000
      Geo Method
      $805,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $680,000
      Retail
      $830,000
      Mixed-Use
      $820,000
      Hospitality
      $885,000
      Educational
      $775,000
      Residential Income
      $920,000
      Energy
      $720,000
      Income-Based Land
      $905,000
      Food Service
      $870,000

    Location Insight

    • Map
    • Local Demand
    City
    Cheshire
    County
    New Haven
    State
    Connecticut
    Longitude
    -72.9135
    Latitude
    41.5067
    CBSA code
    35300
    CBSA name
    NEW HAVEN-MILFORD, CT METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,879
    $156,500
    $381,530
    $538,030
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $200,000
      1,392 SF

      325 Sandbank Rd Ste B5

      CONDOMINIUMS (INDUSTRIAL) • 1,392 SF
      325 Sandbank Rd Ste B5, Cheshire, CT 06410-1559
      View Details
    • Value Estimation by Request
      20,211 SF

      21 Diana Ct

      INDUSTRIAL (GENERAL) • 20,211 SF
      21 Diana Ct, Cheshire, CT 06410-1207
      View Details
    • Value Estimation
      $255,000
      1,392 SF

      325 Sandbank Rd Ste B4

      CONDOMINIUMS (INDUSTRIAL) • 1,392 SF
      325 Sandbank Rd Ste B4, Cheshire, CT 06410-1559
      View Details
    • Value Estimation
      $245,000
      1,392 SF

      327 Sandbank Rd, Unit 8

      CONDOMINIUMS (INDUSTRIAL) • 1,392 SF
      327 Sandbank Rd, Cheshire, CT 06410-1771
      View Details
    • Value Estimation
      $265,000
      2,135 SF

      125 Commerce Ct Ste, Unit 2

      CONDOMINIUMS (INDUSTRIAL) • 2,135 SF
      125 Commerce Ct Ste, Cheshire, CT 06410-1243
      View Details
    • Value Estimation
      $225,000
      2,135 SF

      125 Commerce Ct Ste, Unit 3

      CONDOMINIUMS (INDUSTRIAL) • 2,135 SF
      125 Commerce Ct Ste, Cheshire, CT 06410-1243
      View Details

    Similar Nearby for Sale

    • $1,750,000
      18.55 Acres

      Cheshire, CT Commercial Land

      18.55 Acres, I-2 Zoning, Approved Plans
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      View Details
    • $1,500,000
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    • Contact for pricing
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      Specialty property available for sale.
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      Specialty Property For Sale

      Specialty property available for purchase.
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      Specialty property available for sale on Harrison Road.
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    Similar Nearby for Lease

    • $6 SF/Yr
      23,586 SF

      Industrial Flex Space For Lease

      135,470 SF industrial flex space with expansion potential.
      150-156 Knotter Dr, Cheshire, CT 06410
      View Details
    • $14 SF/Yr
      3,667 SF

      Cheshire Warehouse Condo with Office

      Commercial warehouse condo with office space and drive-in door.
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      View Details
    • Contact for pricing
      20,000 SF

      Renovated High-Tech Manufacturing Facility

      174,000 SF renovated manufacturing facility with expansion potential.
      350 Knotter Dr, Cheshire, CT 06410
      View Details
    • $9 SF/Yr
      320,000 SF

      Cheshire Industrial Facility Available

      320,000 SF industrial facility with excellent highway access.
      475 Knotter Dr, Cheshire, CT 06410
      View Details
    • $6 SF/Yr
      135,470 SF

      Cheshire, CT Industrial Flex Space

      135,470 SF Industrial Building, 40,000 SF Available
      154 Knotter Dr, Cheshire, CT 06410
      View Details
    • $9 SF/Yr
      2,392 SF

      Prime Cheshire Location, Suites Available

      Centrally located property with high accessibility and ample parking.
      286 Maple Ave, Cheshire, CT 06410
      View Details
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    493 Main St
    Cheshire, CT 06410-2421
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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